TradeSanta Review: Worth It or Not?

TradeSanta isa crypto trading bot platform promising faster trading and maximum returns. The platform boasts a robust terminal, efficient bots, and accurate signals. For beginner traders in search of effective strategies and pro traders looking for customizable methods, the service offers a diverse range of bots.

About TradeSanta

TradeSanta is a cloud-based crypto trading platform providing traders automation on all the major exchanges. A user-friendly interface ensures newbie traders find it easy to automate the process and achieve successful results. A dedicated mobile app, a comprehensive trading terminal, a marketplace, and signals are some of the significant features that this service provides.

How it works

The bot works by opening orders based on the signals generated by the indicators and the filters used. It opens extra orders along with a Take Profit order after the execution of the initial order. If the price movement is against the trend, extra order execution is done with the placement of a new order automatically. There is a reduction of the TP level every time you place an extra order. The benefit of the additional order is to adapt to the changing conditions and limit the losses.

How to get started with TradeSanta?

Here are the steps to get started with the platform:

1. Visit the official site and use the signup option to register

2. Verify your email by following the instructions sent to your email address

3. Connect your crypto exchange account to the account by setting up an access point

4. Configure the bot parameters

5. Choose a trading pair, strategy, TP, and other settings

The Wizard assists you through the process so you can operate smoothly.

How much does TradeSanta cost?

A basic ($25/month) plan with 49 bots, an Advanced ($45/month) plan with 99 bots, and a Maximum ($70/month) plan with unlimited bots are the plans offered. An unlimited number of trading pairs and access points are assured with all the plans. When compared to the market average, we find the pricing is not very expensive.

Fees and commissions

Other than the fixed pricing plans, the service does not charge fees or commissions for the trading. 

What exchanges does TradeSanta integrate with? 

The main exchanges the platform works with are listed below:

• Binance
• Huobi
• Bybit
• Binance Futures
• CoinbasePro
• OKEX
• HitBTC

Security and reliability

As per the vendor, the company conducts regular security audits of the site and it works only with exchanges that are reputed for their high security. The bots trade via API keys and they cannot access your funds.

What languages does TradeSanta support in their product?

English, Spanish, Korean, Chinese, Japanese, Portuguese, Turkish, Chinese, French, and Russian are the languages the platform supports.

What kind of support options does TradeSanta offer?

The platform supportsiOS, Android, Windows, and macOS. A dedicated app ensures you can access the features and trade seamlessly on the go.

The core team

TradeSanta was launched in 2018 and since then the team members have worked towards creating a fully automated and seamless crypto trading platform with advanced tools.

Strategy: grid and martingale

Pre-set or customizable strategies are used by the bots for long and short trading. The grid and the DCA method are the main approaches used by the bots. While the grid ensures you benefit from the market fluctuations, the DCA bot helps you accumulate coins at a profit.

TradeSanta review: backtesting

No backtesting reports are present for the bot. The platform allows demo account trading where you can test your strategies without risking your funds.

Trading performance

As per the vendor, the bot uses SL, trailing SL, and stop signals for risk management ensuring good profits. However, there is no verified performance proof present.

TradeSanta: user experience

The website is designed with easy navigation features. Registering, configuring the bots, and starting the automated trading are effortlessly done with the help of the Wizard guide.

Should you use TradeSanta?

The user-friendly design, demo account, diverse features, intuitive dashboard, and other trading tools make the platform ideal for beginners and seasoned traders.